Quantbot Technologies LP Buys Shares of 29,409 Aya Gold & Silver Inc. $AYA

Quantbot Technologies LP purchased a new stake in shares of Aya Gold & Silver Inc. (NASDAQ:AYA) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 29,409 shares of the company’s stock, valued at approximately $557,000.

Several other institutional investors and hedge funds also recently made changes to their positions in AYA. BlackRock Inc. purchased a new stake in Aya Gold & Silver during the second quarter valued at about $502,000. Alberta Investment Management Corp bought a new position in Aya Gold & Silver during the second quarter worth about $663,000. Edmond DE Rothschild Holding S.A. purchased a new position in shares of Aya Gold & Silver in the second quarter worth about $5,145,000. Finally, Deutsche Bank AG purchased a new position in shares of Aya Gold & Silver in the second quarter worth about $26,946,000.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AYA. Weiss Ratings cut shares of Aya Gold & Silver from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 3rd. Zacks Research upgraded shares of Aya Gold & Silver from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th. Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a report on Friday, May 15th. Finally, Scotiabank upgraded Aya Gold & Silver to a “strong-buy” rating in a research report on Wednesday, May 20th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy”.

Aya Gold & Silver Stock Up 5.5%

AYA stock opened at $29.29 on Friday. The company has a quick ratio of 1.70, a current ratio of 2.02 and a debt-to-equity ratio of 0.11. The stock has a market cap of $4.22 billion and a price-to-earnings ratio of 52.30. Aya Gold & Silver Inc. has a twelve month low of $15.84 and a twelve month high of $30.24. The firm’s 50-day moving average is $22.05.

Aya Gold & Silver (NASDAQ:AYA) last announced its quarterly earnings results on Thursday, August 13th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.13). Aya Gold & Silver had a return on equity of 25.49% and a net margin of 32.92%. On average, equities research analysts anticipate that Aya Gold & Silver Inc. will post 1.11 EPS for the current fiscal year.

Aya Gold & Silver Company Profile

Aya Gold & Silver is a precious metals company focused on the exploration, development, and production of silver and gold. The company is best known for its operations in Morocco, where it is advancing and operating assets within the country’s mining sector.

The company’s business activities center on identifying, developing, and optimizing mineral resources, with an emphasis on silver production and related byproducts. Aya Gold & Silver is involved in the full mining lifecycle, from exploration and resource definition through to mine development and operations.

Founded as a Canadian mining company, Aya Gold & Silver has built its portfolio around North African mineral assets and continues to concentrate on expanding its presence in Morocco.